Filed October 10, 2022 (most recent of 2 filings on file)
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
AMERITAS LIFE INSURANCE CORP10+ years Filed as: AMERITAS LIFE INSURANCE CORPORATION Service code 15 · EIN 47-0098400 | Recordkeeping | $71,838 |
THE AMERIFLEX GROUP2 years Service code 26 · EIN 84-2224681 | Advisory (Participants) | $38,055 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $195,637 | $122,239+60.0% | $184,203+6.2% | $74,495+162.6% |
| Participation rate | 98.5% | 85.5%+13.0pp | 86.8%+11.7pp | 67.2%+31.3pp |
| Annual return | 14.19% | 19.95%-5.8pp | 28.81%-14.6pp | 1364.94%-1350.7pp |
| Employer contribution / active EE | $4,233 | $4,537-6.7% | $6,427-34.1% | $2,623+61.4% |
| Participant deferral / active EE | $8,325 | $7,139+16.6% | $9,131-8.8% | $4,346+91.6% |
| Admin fee / account holder | $544 | $1,260-56.8% | $13,901-96.1% | $1,942-72.0% |